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we know that for afghanistan. as we begin to draw down, what thauz that mean for their path to peace and stability and progress? american businesses will tell you if we want them to invest there, they won't do it without the presence of american security, that's very important for our government to know. >> are american businesses really willing to invest in afghanistan? >> they are. one of the most recent projects is with kate spade. kate spade has gone into afghanistan in the last year. they surveyed what tn opportunities are there for marketable products and going te marketableable products, and afghanistan has the third largest producer of cashmere, and they want a product made by afghan women and sold in kate spade stores here and online and they are willing to invest a lot of money i might add, but they have the support of the u.s. government and the u.s. military to give them access. >> anita mcbride, what a pleasure to see you again. >> thank you so much. >>> what political stories will be making headlines
we know that for afghanistan. as we begin to draw down, what thauz that mean for their path to peace and stability and progress? american businesses will tell you if we want them to invest there, they won't do it without the presence of american security, that's very important for our government to know. >> are american businesses really willing to invest in afghanistan? >> they are. one of the most recent projects is with kate spade. kate spade has gone into afghanistan in the last...
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Jul 26, 2011
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a big piece of that is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save a trillion dollars. now republicans have called that a gimmick, a savings from wars that are winding down, even though, by the way, the same savings were counted in some republican budgets. reid's plan would not reform or cut medicare, medicaid, social security. also no changes to taxes. it would raise the debt ceiling by 2.4 trillion dollars. that would be enough to fund the government through next year's election. the boehner plan is considered more short term. it would raise the debt ceiling in two different steps. the first step would happen immediately raising the ceiling by a trillion dollars and spending cuts of 1.2 trillion over ten years. and get us to next year, right some we need a second vote to raise the debt ceiling again by another $1.6 trillion. that second increase would be contingent on more cuts. another $1.8 trillion in spending cuts and have to be agreed to by a bipartisan committee. >> so far, the debt stalemate has been a drag on the stock markets
a big piece of that is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save a trillion dollars. now republicans have called that a gimmick, a savings from wars that are winding down, even though, by the way, the same savings were counted in some republican budgets. reid's plan would not reform or cut medicare, medicaid, social security. also no changes to taxes. it would raise the debt ceiling by 2.4 trillion dollars. that would be enough to fund the...
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Jul 26, 2011
07/11
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and it includes savings from winding down wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know some republicans will quibble over these savings, but they have no legs to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting the war's adds to our debt, it is undeniable that winding down the wars deliver savings. the administration tells us with the wind down in iraq and afghanistan, they can prosecute the war is on about $630 billion over the next decade. the cbo assumes $1.67 trillion on more funding through 2021. by adopting the lower administration number, we can save over $1 trillion. we know the republicans agree with this math, because they included the exact same savings in the paul ryan budget that passed the house. they never criticized such accounting then. it is hard to see how they could do so now. last, senator reid's proposal allows for a joint committee that has the potential to achieve even deeper savings down the road. all in all, this is
and it includes savings from winding down wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know some republicans will quibble over these savings, but they have no legs to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting the war's adds to our debt, it is undeniable that winding down the wars deliver savings. the administration tells us with the wind down in iraq and afghanistan, they can...
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Jul 26, 2011
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whether it is the war in iraq, afghanistan, gas prices. oil in the gulf gulf, oil crisis, food crisis and now we have the disturbance across europe on the financial stability of some countries. so now it's our turn and we're up for that same financial scrutiny. i think they're trying to tie two things into one bag when they should be addressing one at a time. the issue at hand is addressing the debt ceiling which allows us to get our house in order. it should not be entrapment where either party is using the, off the backs of the workers, leverage to drive their personal interests, trying to drive a national crisis by linking the two issues together. they are distinctly separate. go ahead and raise the debt ceiling and then get the work with the same initiative and energy they're applying to this effort, to resolving the cap, the capping and then the reduction that is necessary to get to the, to the end that they both agree to. but to do it off the back of the fear of people with regards to entitlements or savings, or going to work tomorro
whether it is the war in iraq, afghanistan, gas prices. oil in the gulf gulf, oil crisis, food crisis and now we have the disturbance across europe on the financial stability of some countries. so now it's our turn and we're up for that same financial scrutiny. i think they're trying to tie two things into one bag when they should be addressing one at a time. the issue at hand is addressing the debt ceiling which allows us to get our house in order. it should not be entrapment where either...
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Jul 26, 2011
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same, but it would also count a trillion dollars in savings from winding down the wars in iraq and be afghanistan. that would raise the debt ceiling enough to get us through 2012, though boehner's would only take us through the end of the year. last night the president and speaker both aimed to put publish pressure on the other. >> there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. >> i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. >> reporter: enough people did, presumably supporters as well as opponents, that the speaker's web site crashed along with those of a couple of other republicans and at least one democrat. republicans say the president wants a long-term debt ceiling hike to keep it out of his re-election bid. democrats say the bond rating agencies want a long-term hike. a short-term one, they say, would risk a downgrade of this country's credit rating, and that would hike credit interest rates on everyone. jon: the o
same, but it would also count a trillion dollars in savings from winding down the wars in iraq and be afghanistan. that would raise the debt ceiling enough to get us through 2012, though boehner's would only take us through the end of the year. last night the president and speaker both aimed to put publish pressure on the other. >> there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. >> i'm asking you...
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Jul 26, 2011
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in fact, the wars of iraq and afghanistan were longer than world war ii. and all of those moneys were spent under the last administration, tax cuts that went about for individuals who by and large have said no thank you because they want to invest in america. so i'm prepared to join with my many friends to work on moving this country forward, but let's move on. let's move on beyond the impossible proposal given by speaker boehner of that -- that focuses on a hybrid, vote now for the debt ceiling then come back and fight it out again in six months. that is not the consistency and the evenness that is necessary for all of those who are seeking employment or all of those businesses or all of those in the arena of money making. they need an even pathway. and so while we get on with the ordinary business, get on with the ordinary business so that we can begin to talk about the growth of this country, education for the young people, making sure the doors of businesses stay open, talk about how do we fix a tax system where we all can benefit. but as long as we ar
in fact, the wars of iraq and afghanistan were longer than world war ii. and all of those moneys were spent under the last administration, tax cuts that went about for individuals who by and large have said no thank you because they want to invest in america. so i'm prepared to join with my many friends to work on moving this country forward, but let's move on. let's move on beyond the impossible proposal given by speaker boehner of that -- that focuses on a hybrid, vote now for the debt...
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Jul 26, 2011
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part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion for the w is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trlion. and another thing that's scored in tt, since that $1 trillion in war costs is scored the wa
part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion...
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he's a marine serving proudly in afghanistan. the homeowner's association where they live filed the suit, claiming the sign violates their rules, but the homeowner, jody burr, joined us to say that the suit makes zero sense. >> ou it signs states no sign oy property in view of the public. we have a couple other signs on our lot that are in view of the public. by definition they're in fractions, but they'r they've ne into question. >> she has no plans to take the banner down. >>> two things you should be absolutely sure of, one thing thaisthat the body you stick ine morgue should be absolutely dead. a man woke up screaming when he realized he was trapped in the morgue. when morgue workers heard him, they thought it was a ghost and ran away. they eventually returned to help. the man's family thought he died from an asthma attack 21 hours earlier. he's fine now. here's what some of you had to say. you need to interview the hero from the morgue. anyone who would not answer a knock on the door of a knocker in the morgue is a hero in m
he's a marine serving proudly in afghanistan. the homeowner's association where they live filed the suit, claiming the sign violates their rules, but the homeowner, jody burr, joined us to say that the suit makes zero sense. >> ou it signs states no sign oy property in view of the public. we have a couple other signs on our lot that are in view of the public. by definition they're in fractions, but they'r they've ne into question. >> she has no plans to take the banner down....
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Jul 26, 2011
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reluctant to advocate for people who are being persecuted because they're christians whether it be in afghanistan, pakistan or egypt. and the two questions that i have, how many connections have there been -- convictions have there been over the last several years, do you have any -- and how many occasions do you know where the american embassy has advocated for these cases? generally, when there's a problem, members go to the embassy, they advocate it. how many times has the american embassy participate and been involved in any different cases? >> thank you very much, mr. wolf. there have been, in the 50 cases i was involved with personally, there were two investigations, neither investigation resulted in any legal process, so there are no convictions, um, resulting as of, as of complaints to the effective kidnappings, forced marriages and forced converses of coptic christian women. to my knowledge, also, and according to my research the u.s. embassy has not advocated on behalf of these women. >> one last thing, mr. chairman. as you have this record, i urge you to send it to leon panetta. our mi
reluctant to advocate for people who are being persecuted because they're christians whether it be in afghanistan, pakistan or egypt. and the two questions that i have, how many connections have there been -- convictions have there been over the last several years, do you have any -- and how many occasions do you know where the american embassy has advocated for these cases? generally, when there's a problem, members go to the embassy, they advocate it. how many times has the american embassy...